Pet Ecology Brands Inc. (PECD)

[kickask]

As I think about this a little more I'll take a guess. I don't know how many shares were O/S before this deal but lets use 100 mil. It would seem that Tricon may have bought 100+ mil shares for a I'm sure a good discount. Lets say 4 cents. So for $4mil they own 50+%. Now there would be over 200 mil shares O/S. As much as I hate them, they may be considering a RS, lets say 4 for 1 which would leave 50mil O/S. Issue some audited F/S and away we go. Does anyone know what there current holdings of PETS is. Looks like they owned over 65% at one time.